Harel Insurance Investments & Financial Services Ltd. Invests $1.17 Million in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

Harel Insurance Investments & Financial Services Ltd. bought a new stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 17,650 shares of the company’s stock, valued at approximately $1,167,000. Harel Insurance Investments & Financial Services Ltd. owned about 0.25% of Invesco S&P SmallCap Momentum ETF at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Mutual Advisors LLC grew its position in Invesco S&P SmallCap Momentum ETF by 79.8% in the 4th quarter. Mutual Advisors LLC now owns 6,371 shares of the company’s stock valued at $435,000 after acquiring an additional 2,827 shares in the last quarter. Janney Montgomery Scott LLC lifted its holdings in Invesco S&P SmallCap Momentum ETF by 8.2% during the 4th quarter. Janney Montgomery Scott LLC now owns 118,081 shares of the company’s stock worth $7,806,000 after buying an additional 8,906 shares in the last quarter. Financial Freedom LLC purchased a new stake in shares of Invesco S&P SmallCap Momentum ETF during the fourth quarter worth $129,000. Smart Money Group LLC acquired a new position in Invesco S&P SmallCap Momentum ETF during the 4th quarter worth $4,101,000. Finally, Merit Financial Group LLC increased its holdings in Invesco S&P SmallCap Momentum ETF by 26.6% during the 4th quarter. Merit Financial Group LLC now owns 28,914 shares of the company’s stock worth $1,912,000 after purchasing an additional 6,067 shares during the period.

Invesco S&P SmallCap Momentum ETF Stock Performance

Shares of Invesco S&P SmallCap Momentum ETF stock opened at $69.31 on Friday. The business has a 50-day simple moving average of $69.12 and a 200-day simple moving average of $66.55. Invesco S&P SmallCap Momentum ETF has a one year low of $55.05 and a one year high of $74.38. The company has a market cap of $486.56 million, a PE ratio of 15.91 and a beta of 1.19.

Invesco S&P SmallCap Momentum ETF Profile

The Invesco S&P SmallCap Momentum ETF (XSMO) is an exchange-traded fund that is based on the S&P Small Cap 600 Momentum index. The fund tracks an index of US small-caps stocks selected by momentum. Holdings are weighted by a combination of market cap and momentum. XSMO was launched on Mar 3, 2005 and is managed by Invesco.